MAY 2016 www.lopezlink.ph http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Registration is ongoing! See details on page 10. #Halalan2016: All for the Filipino familyBy Carla Paras-Sison ABS-CBN Corporation launches its election coverage campaign about a year before election day. But it’s not protocol. Ging Reyes, head of ABS-CBN Integrated News and Current Affairs (INCA), says it actually takes the team a year to prepare for the elections. Turn to page 6 Workplaces with Mornings Mother’s the Rockwell with the May touch…page 2 ‘momshies’…page 4 …page 12 Lopezlink May 2016 Lopezlink May 2016 Biz News Biz News 2015 AUDITED FINANCIAL RESULTS Period Dispatch from Japan Total revenues Net income attributable to equity January- holders of the parent Building Mindanao’s September Workplaces with Design-driven PH products showcased in 2014 2015 % change 2014 2015 % change By John ALFS fest Porter ABS-CBN P33.544B P38.278B +14 P2.387B P2.932B +23 largest solar farm Lopez Holdings P99.191B P96.510B -3 P3.760B P6.191B +65 theBy Rachel Varilla Rockwell touch KIRAHON Solar Energy cure ERC [Energy Regulatory ing to the project’s success,” said EDC P30.867B P34.360B +11 P11.681B P7.642B -34 Corporation (KSEC) has for- Commission] approval and the KSEC CEO Mike Lichtenfeld. First Gen $1.903B $1,836B -4 $193.2M $167.3M -13 DELIVERING the same me- As the first mally inaugurated its 12.5- first to secure local nonrecourse Kirahon Solar Farm is First FPH P99.307B P96.643 -3 P5.632B P5.406B -4 ticulous standards it dedicated prime of- megawatt Kirahon Solar Farm debt financing, it was important Balfour’s second solar power ROCK P8.853B P8.922B +1 P1.563B P1.644B +5 to its residential developments, fice project of in Misamis Oriental. Located that the project was executed on project following the 4.2-MW Rockwell Land is likewise Rockwell Land, on a 15-hectare property in- schedule and within budget. First Burgos solar farm in Ilocos The absence of extraordinary items pulled back the performance of EDC but recurring net income remained side Phividec Industrial Estate Balfour consistently demonstrat- Norte. Today, the solar farm stable all the way to parent F irst Gen and conglomerate FPH. For the 2015 financial performance of ABS-CBN, transforming the office land- 8 Rockwell in Sitio Kirahon, the plant has ed a willingness to work together supplies clean power to more EDC and F irst Gen , see stories published in the April 2016 issue of LopezLink​​ scape. Quality innovation and houses promi- a sense of the Rockwell lifestyle nent local and 41,080 units of 305-watt solar through challenges during con- than 20,000 local households, have been seamlessly infused multinational panels generating a nominal struction and always remained offsetting some 18 million into its commercial achieve- c o m p a n i e s power output of 12.53 MWp. solution-oriented. The project is kilowatt-hours per year of die- Maritess L. Lopez (5th from right) with the team behind the “As the first solar farm to be now operating beautifully and we sel power plant output and 14 ments—Rockwell Business while serving Philippine embassy’s ALFS bazaar participation Center in Ortigas, 8 Rockwell as Rockwell built under a PSA [power sup- are proud to have First Balfour as million kilograms of carbon di- Lopez Holdings in Makati and soon, Rockwell Land’s main ply agreement], the first to se- a key member of the team lead- oxide emissions per year. Business Center-Sheridan in headquarters. THE Philippine embassy in Abe, spouse of Prime Mandaluyong and Santolan The first Rock- Tokyo led by Ambassador Minister Shinzo Abe, Town Plaza in San Juan. well-built office Manuel M. Lopez and Mari- were among those who Rockwell Business Center in within Rock- tess L. Lopez participated in graced the event. netsBy Carla Paras-Sison P6.191B Ortigas set a strong entry point for well Center is the recent 40th Asia-Pacific This year, through Rockwell Land into the commer- poised to be Festival and Charity Bazaar the efforts of Madame LOPEZ Holdings Corpora- sion of Bayan debt into equity FPH reported recurring net in- cial office market back in 2009. A among the pre- organized by the Asia-Pacific Lopez, the Philippine tion posted P6.191 billion provided under the resolution come of P5.2B, 11% higher than new hub for business was born to mier commer- Ladies Friendship Society Trade and Investment in net income attributable to of Bayan’s rehabilitation court in 2014’s P4.7B, on the strength cater to leading BPO companies cial buildings (ALFS) at the ANA Inter- Center in Tokyo (PTIC equity holders of the parent SEC Case 03-25 dated August of its power generation, manu- within the Ortigas district. It’s a in the metro Continental Tokyo. Tokyo), the Depart- for the year 2015. This is 65% 27, 2013, and approved by the facturing and geothermal well place where businesses go beyond with a LEED The Asia-Pacific Festival ment of Agriculture higher than the P3.760B in net National Telecommunications drilling businesses. ABS-CBN the four walls of the conventional cer tification and Charity Bazaar is an an- and the cultural section of the pand its reach in showcasing the income attributable to equity Commission on July 2, 2015. The reported a 25% increase in net office, thereby setting the stan- and PEZA ac- Artist’s rendering of Rockwell nual event of the ALFS, whose Philippine embassy, a wide va- quality of exports from SMEs holders of the parent reported Lopez Holdings board approved income to P2.545B, driven by dard for integrating work, leisure creditation. The crown jewel of Business Center-Sheridan (top); members include spouses of riety of Philippine food and and MSMEs and the regions to in 2014. This was primarily due the sale on July 9, 2015. Partial steadily growing revenue streams and dining in a single destination Rockwell’s office projects, this Rendering of the Santolan Town Plaza former ambassadors of 26 nonfood items were sold and end-users in Japan. It is also an to the partial recovery of im- recovery of impairment losses re- from both advertising and con- while still maintaining top-notch development captures a work- retail drop-off Asia-Pacific countries, includ- showcased—from culinary fa- opportunity to identify trends in pairment losses related to its lated to BTHC/Bayan as a result sumer sales. infrastructure and IT facilities. ing environment that speaks of ing the Philippines. The event vorites such as adobo, chicken current demand, allowing PTIC erstwhile telecom unit. of the sale amounted to P1.8B, Lopez Holdings’ consoli- prestige and luxury. Tenants are for a workplace that balances provides visitors an opportu- and pork barbecue, pancit, Tokyo to ascertain the accept- Lopez Holdings and Bayan net of related expenses. dated revenues for the period treated to immediate access to recreation, structure and nature. nity to check out fashion ac- lumpia and turon to design- ability of Philippine food, handi- The First Balfour team led by project director John Porter (leftmost) joins KSEC executives at the inauguration of Telecommunications Holdings The stellar performance of in- eased by 3% to P96.510B from FPH Rockwell Center’s neighbor- Santolan Town Plaza is Re- cessories, special clothing and driven products, highlighting crafts, products, gifts and souve- Kirahon Solar Farm Corporation (BTHC) sold all vestees First Philippine Holdings P99.191B. As of December 31, hood of high-end boutiques, tailscapes’ pioneer retail-office fabrics, and indigenous food the craftsmanship and sensi- nir items to Japanese consumers their equity in Bayan Telecom- Corporation (FPH) and ABS- 2015, Lopez Holdings held a declares refined dining experiences and development. The project is and crafts from Japan and tivities of Philippine design. in terms of functionality, utility By Dino Quizon munications Inc. in July 2015. CBN Corporation contributed 56% economic interest in ABS- the mall’s handpicked retail se- strategically located a few blocks various countries. The event serves a continuing and price points. (Excerpted from Promos & offers The sale followed the conver- to the favorable financial results. CBN and 46% in FPH. lections. 8 Rockwell simply takes away from the Greenhills area Princess Hitachi and Akie platform for PTIC Tokyo to ex- tokyo.philembassy.net) To know more about the cash things to the next level, thereby as well as establishments in San Freebies over- services and promos of SKY- elevating business and lifestyle. Juan. Santolan Town Plaza’s load with new bundles, SKYbroadband and dividends SKYcable, call 381-0000. Rising at the center point of 9,775-sq. m. gross leasable of- FPH Group reports consolidated FIRST Philippine Holdings Sheridan and United streets, fice space offers a wide range SKYbundles Corporation (FPH) declared Rockwell Business Center- of floor cuts, ranging from 150 ABS-CBN rules April offer! With the SKYbundles internet cash dividends of P1 per Sheridan is envisioned to pro- sq. m. to 1,975 sq. m. The five Free SRR net income of P12.2B with prepaid cable TV bundle, common share and P13.75 vide an efficient office setting floors of office spaces are also subscribers get unlimited in- screenings on FOR the year ended December ment in the Group’s recurring On a recurring net income per Series C preferred share. for the country’s top outsourc- complemented by three floors ternet access with speeds of 31, 2015, the First Philippine net income was reversed by the basis, FPH’s earnings jumped For both securities, stock- ing companies.